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at obama headquarters in chicago. hampton pearson is with the romney team in boston. but phil, we will start with you. >> andrew, good morning. it's only been a couple of hours since president obama gave his victory speech here at mccormick place. and that speech a lot of people were looking at and said did it set at least initially the tone for his second term in office. during the speech, he talked about the country coming together and ending the divisiveness that has been typified by the campaign over the last several months. in particular, he made mention about the deficit and coming together to work on solving the deficit, and more importantly, the republicans and democrats finding some solutions. >> whether i earned your vote or not, i have listened the you. i have learned from you. and you've made me a better president. and with your stories and struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> president obama will return to the white house later this afternoon. he spent last n
to about 40. and boston staying in the 30s. tonight, of course, big event in rockefeller center. temperatures will be in the 30s. breezy but clear skies. nearly a full moon outside as well. the big storm we're watching is in the west. three storms, you can see them pin wheeling here out to the pacific. the rain is now approaching into san francisco. northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we g
are kind of drunk by thousand. >> i'll toast with them. >> are you up in boston? >> springfield, mass. mostly bonds. we specialize in corporate bonds, real estate. >> so what are you doing about the fiscal cliff? >> we think it's actually a good thing because it's addressing something in our country that's gotten out of control. step back the last five years, september 2007, we crossed $9 trillion in debt. thousand we're at $16.2 trillion to $16.3 trillion four years later. five years later. deficits of 1.25 trillion for the last five years. so we have a problem in our country that really needs to be resolved. we've become addicted to stimulus really through deficit spending, through 0% interest rates. >> how are you investing around this? >> we're comfortable investing in corporate bonds. bond spreads have tightened, but investors still being paid on a reasonable basis. we have structured products like clos. >> do you care if we go over the cliff? >> it's a concern, but i think it's actually not that much of a concern to me, no. >> so it's okay? >> we look at the fundamentals of comp
Search Results 0 to 2 of about 3